Student Loan Payment Calculator for Columbia College

Payments, Loan Cost and Prepayment Saving

Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $143,192.00 to attend Columbia College. With a standard repayment plan you will pay a fixed amount each month until your loan is paid in full.

A full amortization table and payoff chart is available below.

Columbia College Student Loan Payments
Example Payments
Monthly Loan Payment$1,518.07
Amount Borrowed$143,192.00
Interest Rate4.99%
Term years
Number of Monthly Payments120
Total Interest Cost$38,976.82
Sum of All Payments over 10 years

Loan Affordability

To keep student loan repayment affordable, it is recommended not to borrow more than you can pay back using 10% of your monthly income. Under these parameters you would need a post graduation salary of $182,168.82 to afford the $1,518.07 monthly payment in the loan modeled above.

Re-calculate the Loan

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Columbia College student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $1,518.07 $922.63 $595.44 $142,269.37
2 $1,518.07 $926.47 $591.60 $141,342.90
3 $1,518.07 $930.32 $587.75 $140,412.57
4 $1,518.07 $934.19 $583.88 $139,478.38
5 $1,518.07 $938.08 $580.00 $138,540.31
6 $1,518.07 $941.98 $576.10 $137,598.33
7 $1,518.07 $945.89 $572.18 $136,652.44
8 $1,518.07 $949.83 $568.25 $135,702.61
9 $1,518.07 $953.78 $564.30 $134,748.83
10 $1,518.07 $957.74 $560.33 $133,791.09
11 $1,518.07 $961.73 $556.35 $132,829.36
12 $1,518.07 $965.72 $552.35 $131,863.64
13 $1,518.07 $969.74 $548.33 $130,893.90
14 $1,518.07 $973.77 $544.30 $129,920.13
15 $1,518.07 $977.82 $540.25 $128,942.30
16 $1,518.07 $981.89 $536.19 $127,960.41
17 $1,518.07 $985.97 $532.10 $126,974.44
18 $1,518.07 $990.07 $528.00 $125,984.37
19 $1,518.07 $994.19 $523.89 $124,990.18
20 $1,518.07 $998.32 $519.75 $123,991.86
21 $1,518.07 $1,002.47 $515.60 $122,989.39
22 $1,518.07 $1,006.64 $511.43 $121,982.74
23 $1,518.07 $1,010.83 $507.24 $120,971.92
24 $1,518.07 $1,015.03 $503.04 $119,956.88
25 $1,518.07 $1,019.25 $498.82 $118,937.63
26 $1,518.07 $1,023.49 $494.58 $117,914.14
27 $1,518.07 $1,027.75 $490.33 $116,886.39
28 $1,518.07 $1,032.02 $486.05 $115,854.37
29 $1,518.07 $1,036.31 $481.76 $114,818.06
30 $1,518.07 $1,040.62 $477.45 $113,777.44
31 $1,518.07 $1,044.95 $473.12 $112,732.49
32 $1,518.07 $1,049.29 $468.78 $111,683.19
33 $1,518.07 $1,053.66 $464.42 $110,629.54
34 $1,518.07 $1,058.04 $460.03 $109,571.50
35 $1,518.07 $1,062.44 $455.63 $108,509.06
36 $1,518.07 $1,066.86 $451.22 $107,442.20
37 $1,518.07 $1,071.29 $446.78 $106,370.91
38 $1,518.07 $1,075.75 $442.33 $105,295.16
39 $1,518.07 $1,080.22 $437.85 $104,214.94
40 $1,518.07 $1,084.71 $433.36 $103,130.23
41 $1,518.07 $1,089.22 $428.85 $102,041.00
42 $1,518.07 $1,093.75 $424.32 $100,947.25
43 $1,518.07 $1,098.30 $419.77 $99,848.95
44 $1,518.07 $1,102.87 $415.21 $98,746.08
45 $1,518.07 $1,107.45 $410.62 $97,638.63
46 $1,518.07 $1,112.06 $406.01 $96,526.57
47 $1,518.07 $1,116.68 $401.39 $95,409.88
48 $1,518.07 $1,121.33 $396.75 $94,288.56
49 $1,518.07 $1,125.99 $392.08 $93,162.57
50 $1,518.07 $1,130.67 $387.40 $92,031.89
51 $1,518.07 $1,135.37 $382.70 $90,896.52
52 $1,518.07 $1,140.10 $377.98 $89,756.42
53 $1,518.07 $1,144.84 $373.24 $88,611.59
54 $1,518.07 $1,149.60 $368.48 $87,461.99
55 $1,518.07 $1,154.38 $363.70 $86,307.61
56 $1,518.07 $1,159.18 $358.90 $85,148.43
57 $1,518.07 $1,164.00 $354.08 $83,984.44
58 $1,518.07 $1,168.84 $349.24 $82,815.60
59 $1,518.07 $1,173.70 $344.37 $81,641.90
60 $1,518.07 $1,178.58 $339.49 $80,463.32
61 $1,518.07 $1,183.48 $334.59 $79,279.84
62 $1,518.07 $1,188.40 $329.67 $78,091.44
63 $1,518.07 $1,193.34 $324.73 $76,898.10
64 $1,518.07 $1,198.31 $319.77 $75,699.79
65 $1,518.07 $1,203.29 $314.78 $74,496.50
66 $1,518.07 $1,208.29 $309.78 $73,288.21
67 $1,518.07 $1,213.32 $304.76 $72,074.89
68 $1,518.07 $1,218.36 $299.71 $70,856.53
69 $1,518.07 $1,223.43 $294.65 $69,633.10
70 $1,518.07 $1,228.52 $289.56 $68,404.59
71 $1,518.07 $1,233.62 $284.45 $67,170.96
72 $1,518.07 $1,238.75 $279.32 $65,932.21
73 $1,518.07 $1,243.91 $274.17 $64,688.30
74 $1,518.07 $1,249.08 $269.00 $63,439.22
75 $1,518.07 $1,254.27 $263.80 $62,184.95
76 $1,518.07 $1,259.49 $258.59 $60,925.46
77 $1,518.07 $1,264.73 $253.35 $59,660.74
78 $1,518.07 $1,269.98 $248.09 $58,390.75
79 $1,518.07 $1,275.27 $242.81 $57,115.49
80 $1,518.07 $1,280.57 $237.51 $55,834.92
81 $1,518.07 $1,285.89 $232.18 $54,549.03
82 $1,518.07 $1,291.24 $226.83 $53,257.79
83 $1,518.07 $1,296.61 $221.46 $51,961.18
84 $1,518.07 $1,302.00 $216.07 $50,659.18
85 $1,518.07 $1,307.42 $210.66 $49,351.76
86 $1,518.07 $1,312.85 $205.22 $48,038.91
87 $1,518.07 $1,318.31 $199.76 $46,720.60
88 $1,518.07 $1,323.79 $194.28 $45,396.80
89 $1,518.07 $1,329.30 $188.78 $44,067.50
90 $1,518.07 $1,334.83 $183.25 $42,732.68
91 $1,518.07 $1,340.38 $177.70 $41,392.30
92 $1,518.07 $1,345.95 $172.12 $40,046.35
93 $1,518.07 $1,351.55 $166.53 $38,694.80
94 $1,518.07 $1,357.17 $160.91 $37,337.64
95 $1,518.07 $1,362.81 $155.26 $35,974.82
96 $1,518.07 $1,368.48 $149.60 $34,606.35
97 $1,518.07 $1,374.17 $143.90 $33,232.18
98 $1,518.07 $1,379.88 $138.19 $31,852.29
99 $1,518.07 $1,385.62 $132.45 $30,466.67
100 $1,518.07 $1,391.38 $126.69 $29,075.29
101 $1,518.07 $1,397.17 $120.90 $27,678.12
102 $1,518.07 $1,402.98 $115.09 $26,275.14
103 $1,518.07 $1,408.81 $109.26 $24,866.33
104 $1,518.07 $1,414.67 $103.40 $23,451.66
105 $1,518.07 $1,420.55 $97.52 $22,031.11
106 $1,518.07 $1,426.46 $91.61 $20,604.64
107 $1,518.07 $1,432.39 $85.68 $19,172.25
108 $1,518.07 $1,438.35 $79.72 $17,733.90
109 $1,518.07 $1,444.33 $73.74 $16,289.57
110 $1,518.07 $1,450.34 $67.74 $14,839.24
111 $1,518.07 $1,456.37 $61.71 $13,382.87
112 $1,518.07 $1,462.42 $55.65 $11,920.45
113 $1,518.07 $1,468.50 $49.57 $10,451.94
114 $1,518.07 $1,474.61 $43.46 $8,977.33
115 $1,518.07 $1,480.74 $37.33 $7,496.59
116 $1,518.07 $1,486.90 $31.17 $6,009.69
117 $1,518.07 $1,493.08 $24.99 $4,516.61
118 $1,518.07 $1,499.29 $18.78 $3,017.31
119 $1,518.07 $1,505.53 $12.55 $1,511.79
120 $1,518.07 $1,511.79 $6.29 $0.00